Europe T&D project tenders activity up 24% in October 2020

10 November 2020 (Last Updated November 10th, 2020 09:17)

Europe T&D project tenders activity up 24% in October 2020

There were 31 T&D project tenders announced in the Europe region in October 2020, marking a rise of 24% over the last 12-month average of 25, according to GlobalData’s power industry tenders database.

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T&D Equipment stood at first place when compared with other power tender categories in the Europe region in October 2020 with 32 tenders and a 29.1% share, followed by T&D Project with 31 tenders and a 28.2% share and Power Plant with 30 tenders and a 27.3% share during the month.

The proportion of tenders by category tracked by GlobalData in the month was as follows:

  1. Project Implementation: 20 tenders and a 64.5% share
  2. Repair, Maintenance, Upgrade & Others: five tenders and a 16.1% share
  3. Consulting & Similar Services: five tenders and a 16.1% share
  4. Supply & Erection: one tender and a 3.2% share.

Solar is top technology for Europe T&D project tenders in October 2020

Looking at T&D project tenders by the type of technology in the Europe region, solar accounted for one tender with a 50% share, followed by wind with one tender and a 50% share.

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All publicly-announced tenders are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.

More in-depth reports and analysis on all reported tenders are available for subscribers to GlobalData’s Power database.